Thursday, January 30, 2020
SWOT Analysis of Regis Corporation Essay Example for Free
SWOT Analysis of Regis Corporation Essay Section I – Organizational History Regis Corporation, a Fortune 1000 company, specializes in beauty salons, hair restoration centers, and cosmetology education. The Company owns, franchises, or holds ownership interests in approximately 12,700 worldwide locations (Regis Corporation, 2009). Regis corporate and franchise locations operate under concepts such as Supercuts, Sassoon Salon, Regis Salons, MasterCuts, SmartStyle and Hair Club for Men and Women (Regis Corporation, 2009). In addition, Regis maintains an ownership interest in Provalliance, which operates salons primarily in Europe, under the brands of Jean Louis David, Franck Provost and Saint Algue. Regis also maintains ownership interests in Empire Education Group in the U.S. and MY Style concepts in Japan. System-wide, these and other concepts are located in the U.S. and in over 30 other countries in North America, South America, Europe, Africa and Asia (Regis Corporation, 2009). In its nearly 9,500 North American salons, Regis offers a wide range of hair care services including haircuts, styling and coloring, as well as a wide selection of professional hair care products (Regis Corporation, 2009). Through their 96 Hair Club for Men and Women locations, Regis also offers a comprehensive menu of hair restoration products and services (Regis Corporation, 2009). Section II – Strengths and Weaknesses I would consider two of Regis Corporation’s strengths to be their longevity brand recognition and salon geographic locations. Two of Regis Corporation’s weaknesses are poor management and poor management. Strength #1- Longevity Brand Recognition Regis began 88 years ago and since then has grown into a multi-billion dollar company. Regis Corporation owns several well-known brands such as SuperCuts, Master Cuts, Vidal Sassoon, and ProCuts. They also have their own complete hair care line of products called DesignLine. Strength #2- Salon Geographical Locations Regis strategically places all of their salons in locations with high customer traffic flow such as malls, shopping centers, and Wal-Mart Supercenters. Having salons located in these areas allows for customer flexibility as well as a highly visible location for potential walk-in clientele. Regis is also has salons operating in Canada and Puerto Rico, as well as over 400 salons operating internationally in Europe (Regis Corporation, 2009). Weakness #1- Poor Management After reading many Regis employee reviews from glassdoor.com, the majority of cons the employees listed had to do the management. Employees described management as unconcerned with quality of stylists hired, unresponsive to employee’s needs and concerns, and low opportunity for advancement. Upper and lower level management need to be properly trained and incorporate employee empowerment which includes employee recognition, sharing leadership, and providing feedback (Glassdoor.com,). Weakness #2- Poor Customer Service After reviewing many customer reviews, many of the complaints were centered on customer service issues. Some customers complained they were rushed through their service and there were complaints of having to wait over an hour for their service even though they had an appointment. Bad customer service is bad for the hair business because you not only loose that one client; you also lose any future referrals from the client and it can develop a bad reputation for the salon itself (Glassdoor.com,). Section III – Opportunities and Threats Two current opportunities for Regis Corporation’s are their hair restoration businesses and the availability of real estate for new construction. Two of Regis Corporation’s current threats are the downturn of the general economic environment and their current negative same-store sales. Opportunity #1- Hair Restoration Business In December 2004, Regis Corporation acquired the Hair Club for Men and Women (Regis Corporation, 2009). Currently this industry is comprised with numerous locations domestically and internationally. By consolidating and expanding, this industry would generate a great deal of revenue. Growth plans for hair restoration include construction of a modest number of new locations in untapped markets domestically and internationally (Regis Corporation, 2009). Opportunity #2- Availability of Real Estate for New Construction The availability of real estate for new construction is an opportunity for Regis to continue to expand not only the new construction of salons but also the construction of new hair restoration centers. By adding new units in convenient locations with good visibility and customer traffic. The availability of real estate will allow Regis to achieve long-term growth objectives (Regis Corporation, 2009). Threat #1- Downturn of the General Economic Environment Downturn of the economic environment results in customers spending less and waiting longer between returning visits to the salon. General economic factors include interest rates, recession, inflation, deflation, tax rates and policy, energy costs, and unemployment trends (Regis Corporation, 2009). Visits to hair restoration centers would be greatly impacted by increases in unemployment rates and decreases in income levels (Regis Corporation, 2009). Threat #2- Negative Same-Store Sales Same-store sales is taking the amount of revenue generated by stores (open one year or more) over a certain period and then comparing it to an identical period in the past. Many factors affect same-store sales such as fashion trends, competition, or even weather conditions. Regis same-store sales have declined for the eleventh consecutive quarter to 2.3% (Zacks Investment Research, 2011). Continued declines in same-store sales performance may cause us to be in default of certain covenants in their financing arrangements (Zacks Investment Research, 2011). Section IV – Summary Regis is a well-known brand name and had been in business for over 80 years. Regis is one of the largest companies in the hair care industry holding about 2% of the worldwide market. Their salons are conveniently located in malls, shopping centers, and even within Wal-Mart Supercenters. They have salons located all across the United States and have expanded their business to Canada, Puerto Rico, and Europe. Regis needs to improve on their employee satisfaction in regards to management and need to focus on improving customer service relations. Regis’s newly acquired hair restoration line provides a great opportunity to consolidate and expand this industry in turn creating a great deal of revenue. The availability of real estate for new construction is also a great opportunity for Regis to expand in the construction of new salons and new hair restoration centers, which will allow Regis to achieve long-term growth objectives. A threat to Regis is the downturn of the economic environment, which results in consumers spending less and waiting longer between salon visits. If Regis same-store sales do not begin to improve it will have a huge impact on their financing arrangements.
Wednesday, January 22, 2020
Psychology :: essays research papers
Psyc 3331 Psychology of Gender Notes                         02.02.05 Chapter 1 Key Terms †¢Ã‚     Androcentric bias: discipline of psychology that is largely focused on men and describes men as superior and women as inferior. †¢Ã‚     Bias in Research Methods: bias occurs in every part of the research process-from question formulation and research design to data analysis and interpretation †¢Ã‚     Blatant sexism: occurs when women are treated in a transparently harmful and unequal way. †¢Ã‚     Covert sexism: form of sexism that’s intentional, hidden, and often hostile. †¢Ã‚     Cultural approach: origins of gender stereotyping from a sociocultural perspective where children are socialized to act according to their culture. †¢Ã‚     Cultural feminism: emphasizes characteristics and qualities of women that are devolved and ignored in society. †¢Ã‚     Division 35: APA’s division of the psychology of women (est.1973) †¢Ã‚     Engendering psychology: a psychology which gender considerations are mainstreamed throughout the discipline. †¢Ã‚     Evolutionary psychology: developed by Wilson; psychological traits are selected through evolution †¢Ã‚     Feminism: belief that women and men are equal and should be equally valued and have equal rights. †¢Ã‚     1st wave feminism: began in 1903 with the founding of women’s social and political union †¢Ã‚     gender: different between boys and girls and women and men are averaged in society’s social interact; based on a composed set of traits, interests, and behaviors. †¢Ã‚     Gender schema: structures that allow a person to organize information related to gender by linking gender labels to objects, traits, and behaviors. †¢Ã‚     Gender stereotypes: cognitive representation of males and females; organized set of beliefs of psychological traits and characteristics as well as activities appropriate to men or women. †¢Ã‚     Liberal feminism: focuses on equality of women and men †¢Ã‚     Men’s movement: includes military, political, religion, and economic events that have benefited men †¢Ã‚     Radical feminism: focuses on control of women by men; based on belief that men’s oppression of women is primary and serves as a model for all other oppression †¢Ã‚     Science: knowledge based activity that depends on facts accumulated through systematic and objective questioning, hypothesis testing, methodological study, analysis, and presentation. †¢Ã‚     Sex: biological difference in the genetic composition and reproductive structures and functions of men and women †¢Ã‚     Sex discrimination: harmful and unequal treatment of individuals due to their sex. †¢Ã‚     Sexism: differential treatment of individuals based on their sex; subordination of women and assumption of the superiority of men solely on the basis of sex or gender †¢Ã‚     Social constructionism: view by Foucault that human behavior determined by historical, cultural, and social conditions †¢Ã‚     Socialist feminism: focuses on social relations and how social institutions preserve and promote male dominance. †¢Ã‚     Sociobiology (Evolutionary Psychology): theory by Wilson that holds that psychological traits are selected through an evolutionary process; adaptive traits are selected because they serve to perpetuate the species.
Tuesday, January 14, 2020
Sibling Conflict
Conflict happens all the time, even in our family. Perhaps it is no big deal and has little effect on us. As everyone disagrees with each other from time to time the occasional conflict is part of living with brothers and sisters. I am curious about such friction. It has happened regularly during my childhood. I think that conflict between siblings happens in other families. The cause for conflict varies. In my opinion, one such cause is age difference. Once, when I was in secondary school, my younger sister and I shared a bedroom. She’s 7 years younger than me. Her toys were scattered everywhere aroudnt the room. I always had to tidy up every night before she went to bed. I had to read her a story. I did not like doing it. But, if I had not done so, she would have cried and bothered me. Plus, we could not bear one another. We used to quarrel about petty things. Conflict happens when one person is not satisfied with the other, but it has significant effect to sisterhood and family sentiment. After quarreling, we did not talk so much. We were very angry and hated each other by that time. Now things are better. We understand that it is silly to quarrel over little things. The relationship between my younger sister and I is now strong. Instead of quarreling my maturity helps me to work things out. So, when conflict happens: learn to control your anger; determine what it is you are really disagreeing about; call a family conference. If you are in the right, your parents will support you. Conflict is a part of living and sibling conflicts do happen in a family. It will be less confrontational if you can control your feelings and know how to behave with your sibling.
Sunday, January 5, 2020
The Effect Of Flicker Paradigm On Visual Perception
Discussion The purpose of the study was to measure the effect that the Flicker Paradigm had on visual perception. The Flicker Paradigm causes a distraction while there is a change made in the image. It was designed to test how long the groups took to react to a change in the visual field. The test is meant to show that the disturbance in the visual field made it much more challenging for the viewer to notice any changes that were made in the image. The hypothesis stated that the experimental group, the group using the Flicker Paradigm, would take longer to notice the change in the visual field than the control group, which had no flicker between the altered images. This is because the disturbance in the visual field caused the brain to miss the change that was made to the image because the information was deemed as unimportant. The majority of the perceived changes occurred in the background of the scene, and were considered minor in reference to the whole scene. This was proven tru e from the data collected, and coincided with previous tests. (Rensink, R. A. 2000). The data in tables 1.1 and 1.3 shows the individual participant data for the test with a flicker for both tests one and two. Tables 1.2 and 1.4 represent the individual results for the tests with no flicker, or the control group. Graphs 1.1 and 1.2 showed the relationship between the time taken to recognize alterations in the images. The data was taken from the average time to recognize the change from allShow MoreRelatedChange Blindness: a Literature Review on Attention1664 Words  | 7 PagesChange Blindness: A Literature Review on Attention When going about our daily lives, just how much are we missing of the things around us? Visual attention has fascinated psychologists and now research is being carried out to distinguish to what extent, our attention or the absence of it, can affect our day-to-day lives. Change blindness is something we all experience at some point, some more than others. By definition it refers to the failure a person has to notice a change that would otherwiseRead MoreChange Blindness: a Literature Review on Attention1674 Words  | 7 PagesChange Blindness: A Literature Review on Attention When going about our daily lives, just how much are we missing of the things around us? Visual attention has fascinated psychologists and now research is being carried out to distinguish to what extent, our attention or the absence of it, can affect our day-to-day lives. Change blindness is something we all experience at some point, some more than others. By definition it refers to the failure a person has to notice a change that would otherwiseRead MoreChange Blindness And The Field Of Human Sensation And Perception1926 Words  | 8 Pagesdrastic changes to a scene can go unnoticed. This is important to the field of Human Sensation and Perception because it helps illustrate how a visual scene is processed. Specifically it shows how even if there is direct attention to a scene, there are times when drastic changes can occur without perception of the change occurring. With extensive research already conducted illustrating this effect, new research has recently been conducted st udying different types of scene changes in the hopes ofRead MoreCalculus Oaper13589 Words  | 55 Pagessituation, will be literally excised.(23) The function of pornography as an influence on consciousness is a major public issue of our time, when a multibillion-dollar industry has the power to disseminate increasingly sadistic, women-degrading visual images But even so-called soft-core pornography and advertising depict women as objects of sexual appetite devoid of emotional context, without individual meaning or personality: essentially as a sexual commodity to be consumed by males. (So-calledRead MoreLogical Reasoning189930 Words  | 760 Pages.................................... 447 Exercises .......................................................................................................................................... 449 CHAPTER 14 Reasoning about Causes and Their Effects ................................................... 465 Correlations......................................................................................................................................... 465 Significant Correlations .......Read MoreManaging Information Technology (7th Edition)239873 Words  | 960 Pagesoffice, on the factory floor, as well as in hospital corridors. In mid-2007, Apple Computer began selling a new smartphone (iPhone) with touch screen navigation and scrolling, and simplified calling from an address book, e-mail and text messaging, visual voice mail, video playing, and Web browsing via Wi-Fi connectivity. Since then, other IT vendors have been developing smartphones with similar features, and Apple has introduced a lightweight notebook computer (the iPad) with a similar interface
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